Formal Takeover Proceedings.... Any of you M&A experts know the proper proceedure that is required by the TSE when Formal Takeover Proceedings are announced...? If the deal fails then ACB should announce this tomorrow....and then shortly after..... maybe not tomorrow.... but soon start buying up CMED stocks.....
My gut tells me they will make a deal..... give CMED a lot of what they want, maybe control of their facilities as employees and maybe board position or two...... and a bunch of stock.... Let's hope it does not really involve cash....
This is old but very instructive about what ACB will do Monday by Battley.... in case you missed it:
https://www.bnn.ca/commodities/video/aurora-cannabis-seeks-to-buy-medical-marijuana-pioneer~1261409
This was after Battleys piece so it is a little old, but you might find it interesting if you missed it....
https://www.bnn.ca/video/m-a-lawyer-on-whether-aurora-cannimed-deal-will-go-through~1262007